The Trump administration made what could be the first in a steady drumbeat of tariff news, announcing plans for a 10% tariff on top allies like the European Union and Canada and a 12.5% rate on other nations, including China.
Read more: https://t.co/N91hkJoyS2
Trump administration is abandoning $1.8 billion payout fund, acting attorney general says after GOP revolt
The retreat is a rare instance of congressional Republicans defying the president and prevailing. https://t.co/Y3BX2Zj0FX
“You hijacked my first meeting with staff to disparage me, my qualifications, and my intentions,” said “60 Minutes” executive producer Nick Bilton in a letter to journalist Scott Pelley, firing him.
Read the full letter: https://t.co/0aYQLdDaN5
Veteran '60 Minutes' correspondent Scott Pelley is out at CBS News after clashes with the network's editor-in-chief Bari Weiss and the show's new executive producer Nick Bilton.
Pelley's exit comes after he lashed out at Bilton during an all-staff meeting where he accused Weiss of "murdering" the program and bluntly told Bilton, who has no linear television experience, that he has "slender qualifications" for his new role.
Weiss reportedly asked Pelley to make an apology and accused him of creating a hostile work environment.
Pelley, who previously served as the 'CBS Evening News' anchor, first joined CBS News in 1989 and later joined '60 Minutes' as a correspondent in 2004. In recent years, Pelley was outspoken with criticism of his bosses, including at CBS News' parent company Paramount.
📦 Amazon has dethroned Walmart as the Fortune 500's No. 1 company — ending the retailer's 13-year reign atop the list.
The top 7 by FY 2025 revenue:
1. Amazon
2. Walmart
3. UnitedHealth Group
4. Apple
5. Alphabet
6. CVS Health
7. Berkshire Hathaway
https://t.co/ebggHLCbkK
White House correspondents’ dinner gets a second act after shooting
A repeat dinner will be held in July, according to the White House Correspondents’ Association’s president. Details, including security precautions, are scant. https://t.co/6Vwxzkn5wA
Trump on Tuesday announced he was appointing Bill Pulte as acting director of national intelligence, tapping a staunch political supporter who heads a federal mortgage regulation agency but has no intelligence experience.
Breaking news: President Trump is appointing Bill Pulte as acting director of national intelligence, tapping a political supporter who heads a federal mortgage regulation agency but has no intelligence experience. https://t.co/zkHY2ouvbM
NVIDIA’s dividend jumped 2,400%. Huang says pay workers more.
He spoke at the Computex event in Taipei.
A reporter asked about Samsung’s huge new bonus deal.
That deal pays some chip engineers up to $400,000.
https://t.co/8Xkynr303w
Anthropic’s $10.9B quarter beat its entire 2025.
It just filed for an IPO.
The company makes Claude, a rival to ChatGPT.
Its value just passed $965B, ahead of OpenAI.
These AI giants are racing to Wall Street this fall.
https://t.co/Oht8c7WFCs
As Russia fails to achieve war aims in Ukraine, Putin needs a way out
European officials say Moscow's escalating aggression is a result of increasing difficulties that Russia is facing militarily and economically. https://t.co/xeQ9gpxMvP
💰 Speaking of AI riches: Sen. Bernie Sanders (I-Vt.) argues in a New York Times op-ed that the public should own half of America's biggest AI companies.
https://t.co/rn5wEAVhD2
Pentagon designates press office a classified space, further limiting media access
The change creates a new barrier compared with previous administrations, under which the office was an open room where reporters could stop by without escorts. https://t.co/7ddHNUMm9O
Alphabet seeks $80 billion to fund AI buildout
Alphabet said Monday it plans to raise up to $80 billion in equity to help fund its AI ambitions, which includes a $10 billion investment from Berkshire Hathaway via a private deal.
https://t.co/44BRG71jNz
Scott Pelley confronts new “60 Minutes” boss in fiery meeting: “We don’t trust you”
The veteran correspondent demanded answers on fired staff and the new executive producer’s qualifications for the job. https://t.co/xFARKcp48I
Trump’s payout fund on shaky ground as Republicans push for retreat
The Justice Department said it would obey a court order pausing the nearly $1.8 billion fund, potentially signaling a broader pullback. https://t.co/zpW8RTnTSi
Iran has shut down its communications with the U.S. through mediators in protest of Israel’s Monday strikes on Beirut, disrupting weeks of attempts to find a deal to reopen the Strait of Hormuz and restart formal peace talks. https://t.co/3CZ2QGGGdP
7 daily habits that can keep your teeth in tip-top shape
You might be surprised to know how oral health can affect the rest of your body. Here’s how to keep your teeth and gums in good shape. https://t.co/X6sWH8M4Ja